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Hantharwady International Airport back on radar

The Department of Civil Aviation (DCA) will conduct a field study on the construction of Hantharwady International Airport in Bago, according to deputy director U Zaw Min on March 21, during a meeting on crop compensation for farmers living within the vicinity of the project site. The US$1.5 billion project will be fully funded by […]

Good growth potential for gum crop

The Japanese and Chinese governments have signed agreements to buy gum sterculia from Myanmar. The agreements were signed in Myaing township, Magway Region, on March 9. Gum sterculia, also known as gum karaya or Indian gum tragacanth, is a vegetable gum produced by trees of the genus Sterculia. The gum is used as a thickener […]

Heguru: A unique way to develop children’s potential

Ma Khaing Mon Oo, owner of Heguru Yangon, has always been aware of the great need for education in Myanmar. About three years ago, after a conversation with a friend whose daughter was attending Heguru Singapore, she was inspired to start providing children’s supplementary classes in Yangon. Developed and refined over the past 30 years […]

Govt in talks with Japan for low interest housing loan: official

The Union Government is cooperating with the Japanese government to provide housing loan with low interest rates, said Nilar Kyaw, the Regional Minister for electricity, industry and transportation during a regional parliament session held on February 25. She replied to a question raised by MP Kyaw Tun of No.2 Lanmadaw Constituency about when the buyers […]

Gov’t takes steps to decentralize tourism sector

To step up efforts for tourism development in Myanmar, the Union Government will form three committees that will steer the decentralization of tourism services in accordance with the new tourism law, said Vice President U Henry Van Thio. He made the remarks in his capacity as the Chairman of the National Tourism Development Central Committee […]

Japan-backed bridge project begins in Yangon

Construction of a Japan-funded bridge in Myanmar, seen as a symbol of competing interests between China and Japan, kicked off Wednesday with a groundbreaking ceremony in Yangon, the country’s commercial capital. The bridge, funded by a ¥31 billion (K427.5 billion) low-interest loan from the Japan International Cooperation Agency, will be constructed over the Bago River […]

Japan to help Yangon tackle refuse

Japan will help Myanmar tackle a refuse issue that has created a headache for its largest city of Yangon, NHK world reported. Yangon has been struggling with huge piles of rubbish left behind at sites on its outskirts. These sites are close to reaching their capacities. The problems range from foul odours and other types […]

Thai event firm prioritises Myanmar in its overseas expansion

Despite the reluctance of many foreign companies to invest large amount of money in Myanmar in fear of policy uncertainty, Index Creative Village Plc is expanding its business in the country, according to Kreingkrai Mek Kanjanapokin, founder and Group CEO of the company. “We are focused 100 per cent on Myanmar because it is the […]

Myanmar next stop in China-Japan rivalry as frontier market opens doors to yuan and yen payments

Myanmar has officially permitted the use of the Chinese and Japanese currencies in cross-border payments, as the Asian giants vie for dominance in one of the region’s last frontier markets. The directive means that the yuan and yen join the euro, the US Dollar and the Singaporean dollar as designated currencies for settling international trade […]

Myanmar plans smart city in Thilawa SEZ

The Thilawa Special Economic Zone Management Committee said it plans to invite foreign developers to set up a smart city in the Thilawa SEZ. Japan has proposed drafting a master plan for the project, and the plan is expected to be finished within this year. The proposal came up during a workshop on Implementation of […]